Creating a proper payment gateway platform that improves the users experience and simplifies the payment process can be a cumbersome thing to do. Even the leaders in the mobile payment space have difficulties doing that.
The e-commerce startups are always seeking to give the best payment platform for its customers and this is why they offer various ways for customers to pay online, that's if said customer isn't the Pay On Delivery type.
NetPlus seeks to change that, with the start of its payment gateway, NetPlusPay. The norms for making a payment online involves complicated multisteps. It needs moving away from the site where the buying activity is taking place to go into the bank's internet banking page or the worst scenario, going physically into the banking hall to make the payment. Only after this is done can the user return to the shopping site, armed with a proof of payment, to complete the transaction.
However, with NetPlusPay, a user is able to create a payment without leaving the shopping or service site. The entire transaction is completed on the merchant's site with the user logging into their bank's internet banking platform. With this integration, the user sees payment made immediately and is able to complete their transaction quickly, while the merchant sees value immediately in their account. Because of this speed and ease, NetPlusPay will create online payment as seamless as other electronic payment methods and better in certain cases as payment is made directly into the account of the retailer or merchant.
NeTPlus has already signed on several of Nigeria's leading banks with the goal of integrating all of the country's top banks on the platform. First City Monument Banks (FCMB) is set to be the settlement bank for the initiative.
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